Posted on 03/04/2011 2:03:09 AM PST by Rummyfan
Steyn is being very generous when he says we have 2 years as the world’s currency reserve. It might take that long to implement it, but the decision to TRY has already been made by various players in the game.
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We might have 2 years if we actually prosecute the banksters instead of digging our country deeper in their 40:1 leveraged debt crisis...
“Steyn is being very generous when he says we have 2 years as the world’s currency reserve. It might take that long to implement it, but the decision to TRY has already been made by various players in the game.”
You’re right. Once we are no longer the reserve currency, we will be forced to borrow money in other currencies, lake the Yawn. At that point, once the dollar drops in value, the debt shoots up...the dollar drops more...the debt shoots up further and it’s game over...default...hyperinflation.
If we were willing to jettison Social Security as an entitlement and instead make it a much-cheaper means-tested program we could probably prevent that outcome. Since I have kids, I support that...many on this site and I guess none of the Democrats have kids, so that’s not going happen.
Instead we’ll simply wipe out the country, and those PRECIOUS Social Security checks will still go bye-bye (or be worthless)...but what the hell, that outcome’s ok because EVERYONE gets thrown into the gutter.
“I think we’re the ones who don’t get it. The politicians know we’re screwed.”
You might be right. If that’s the case, the politicians’ “Plan-B” to save themselves better be pretty damn good.
Talking of Plan-B: I think the Cayman islands are going to offer ‘permanent residency’ to anyone who can pay them a million bucks.
They're ignoring the fact that Federal spending has gone up 25% in the past two years. The best the Republicans can muster is a 2% cut? I call BS. 25% right off the top should be easy. There is so much overlap in gubmint programs, waste, fraud, abuse, etc., if anything there are so many places to cut and cut deep that the task is overwhelming. The Republicans give me the impression that they aren't serious about anything. Either they don't understand the dire circumstances we are in or they want the USA to fail. I'm starting to think more and more with every passing day it's the latter.....
Yup. Someone needs to correlate and publish a graphic of worldwide per capita public debt by country. The US citizens would rank amongst the world's poorest. Way behind Zimbabweans and most other 3rd world nations. The politicians know this and are just looting the last debt-funded pickings they can before the nation's credit is exhausted.
Cutting waste will save millions. Maybe -- maybe! -- billions.
We need to cut entire Depts. -- Education, EPA, Homeland security, USDA, just defund them. That's how you save hundreds of billions. And entitlements. They need to be radically re-configured, and millions of Americans have to lose stuff that they think they deserve to have.
Government bureaucrats will get rid of waste, fraud, and abuse all by themselves when really serious budget cuts are forced upon them. We need to make two trillion dollars in cuts, at least. Looking for fraud won't get us there, and if we get people focused on looking for fraud they won't focus on what we need to do.
Just my two cents.
The GAO came out with a report, must have been about 7-8 years ago now, that stated 1/3rd of every dollar taken in in taxes is wasted or stolen. That would be a good place to start if you axe me. If you could eliminate half that it would amount to hundreds of billions of dollars alone. Shut down the Department of Energy, Department of Education, HUD, privatize TVA, end AMTRAK, and on and on and on. I think it’d be really easy to cut a trillion dollars out of the budget......
The amount of potential waste, fraud and abuse that we could find is enormous. The amount that politicians and bureaucrats would find is minuscule. I think a meat cleaver approach is the only way that makes sense. I wouldn't specifically target waste -- I'd target entire $200B Dept budgets and say "Gone!"
If we stumble over $50,000 spent on ash trays, then, sure, I'd cut that as well. But it wouldn't be what I'd focus on. You can't empty the septic tank with a teaspoon.
Yep, they’re all out to lunch—including Paul Ryan, who has battled against the freshman Reps. Too many people see him as a savior here, but he’s fiddling away precious time—and our country’s precious money.
The insanity is thinking that career politicians, and the political dynamics that have created “career politicians”, perpetually promising more, basking in power, and kicking the can down the road, will suddenly do a 180 and forget about their own perks and power for the benefit of the country.
Nothing that has been done in D.C, for decades now has been about personal sacrifice of power and perks for the benefit of the country. And most definitely, nothing about D.C. has been about blunt, honest communication.
Where are these guys on entitlement reform? It’s not as if they haven’t had a few decades to hone their proposals—or had four months now to get their newly elected colleagues up to speed.
Obama didn’t waste any time after being sworn in to start jamming Obamacare through. If he’d fiddled like Ryan and the rest of the GOP leadership, it never would have passed.
Ping.....
As I read this....I think of the movie”On The Beach”...The scene where Fred Astaire realizes at long last that the end is near. He closes the garage door,puts a blanket against the bottom of the door..gets into his sports car, starts the engine..revs it and smiles in resignation as the scene fades...I think of that scene frequently these days..
It amazes me that the focus is on cutting social security and medicare.
Why do we hear nothing about cutting welfare, section 8, food stamps, free cars and cell phones?
1 To every thing there is a season, and a time to every purpose under the heaven:
2 a time to be born, and a time to die; a time to plant, and a time to pluck up that which is planted;
3 a time to kill, and a time to heal; a time to break down, and a time to build up;
4 a time to weep, and a time to laugh; a time to mourn, and a time to dance;
5 a time to cast away stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing;
6 a time to get, and a time to lose; a time to keep, and a time to cast away;
7 a time to rend, and a time to sew; a time to keep silence, and a time to speak;
8 a time to love, and a time to hate; a time of war, and a time of peace.
9 What profit hath he that worketh in that wherein he laboreth?
10 ¶ I have seen the travail, which God hath given to the sons of men to be exercised in it.
11 He hath made every thing beautiful in his time: also he hath set the world in their heart, so that no man can find out the work that God maketh from the beginning to the end.
12 I know that there is no good in them, but for a man to rejoice, and to do good in his life.
13 And also that every man should eat and drink, and enjoy the good of all his labor, it is the gift of God.
14 I know that, whatsoever God doeth, it shall be for ever: nothing can be put to it, nor any thing taken from it: and God doeth it, that men should fear before him.
15 That which hath been is now; and that which is to be hath already been; and God requireth that which is past.
Depressing, because when Mark Steyn sees it happening, it usually is...
Yep. The GOP took power because of the Tea Party and others with similar views, yet the GOP elite is still setting the agenda.
Mark Steyn ping.
Freep mail me, if you want on or off the Mark Steyn ping list.
Thanks for the ping knews_hound.
When that happens, dems will keep spending at an ever faster rate ON THEIR PET VICTIM GROUPS. Tax money will go to gang bangers, drug addicts, and Bill Ayers type radicals etc. WHILE grannie goes hungry and Grannies' kids go broke trying to keep her alive.
The MSM will showcases the misery - blaming the GOP every step of the way. And the country will still go broke.
While dems are spending it up on Unions, GM, the VOLT, PBS, fat pensions for Gov. workers etc (see above) - any and everyone liberal. All the sacrifice by the conservative elderly middle class will become a joke as same old liberal groups get MORE money than ever.
Remember when dems talked the first President Bush to go back on his word about 'no new taxes' - said he had to do it for the good of the country. Then when he did, they hung and beat him with his goodness. Really, it's a trap. We can't make this mess better if dems have eliminated us. Steyn doesn't get this one.
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